Question: Given Adeoye utility function u=x a y b and the prices of x and y are PX and py a) derive the expenditure function b)assuming

Given Adeoye utility function u=xa yb and the prices of x and y are PX and py

a) derive the expenditure function

b)assuming that a=b from your answer in a) above derive the expenditure function ( note a and b is Alfa and beta

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